1, Nottingham Road
1, Nottingham Road
Description & Estimates
1, Nottingham Road, Melton Mowbray is recorded publicly as a modern freehold house across 1,194 ft2 of internal area, sitting on a 106 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 1, Nottingham Road, Melton Mowbray is £218,914 and its rental estimate is £1,009 per month, given the available information and assuming reasonable condition.
Nottingham Road, Melton Mowbray, LE13 falls within the LE13 postal district, in the borough of Melton.
Our Data Sources
1, Nottingham Road, Melton Mowbray has 2 entries in the Land Registry , most recently in October 2009 and a single entry in the EPC database dated September 2006.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Nottingham Road, Melton Mowbray, we estimate a market value of £229,860 and a rental value of £1,059 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £203,590 and £938 per month respectively.
Recent Market Change
Over the last year, 1, Nottingham Road, Melton Mowbray has seen its estimated sale value decline by £441 (0.2%) and its estimated rental value climb by £31 per month (3.0%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 1, Nottingham Road, Melton Mowbray as measuring 106 m2.
That makes it the 23rd largest plot in the postcode, where 27 of the 31 other houses have recorded plot data.
Energy Efficiency
1, Nottingham Road, Melton Mowbray has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Sep 2006.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Nottingham Road, Melton Mowbray completed on 16th October 2009 at £141,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 92.9% over the period since October 2009.
- Sold Oct 2009£141,000
- Sold Dec 2008£141,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Nottingham Road, Melton Mowbray have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th December 2022, was 5A, Nottingham Road, Melton Mowbray, LE13 0NP, a freehold house which sold for £245,000.
Read more about house prices in LE13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 130 addresses on Nottingham Road, Melton Mowbray, LE13, 1, Nottingham Road, Melton Mowbray comes out as the 43rd largest and the 80th most expensive in our analysis of the public data.
It is also £19k less expensive than the average property across the LE13 district.
More reading links
Schools Nearby
- 400mThe Grove Primary School
- 1.0kmSaint Francis Catholic Primary School
- 1.0kmBrownlow Primary School
- 1.0kmLong Field Spencer Academy
- 1.5kmJohn Ferneley College
- 13.9kmWreake Valley Academy
More reading links
Public Transport Nearby
From 1, Nottingham Road, Melton Mowbray, the nearest station is Melton Mowbray, 900 metres away.
- 900mMelton Mowbray
- 15.0kmOakham
- 15.2kmSyston
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
